NEW DEVELOPMENT BANK
Business Summary
New Development Bank is a China-based multilateral development bank mainly engaged in the business of financing infrastructure and sustainable development projects in Brazil, Russia, India, China and South Africa (BRICS) and other emerging economies and developing countries. The Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments. The Bank funded projects cover a variety of sectors including clean energy, urban development, environmental efficiency, transport infrastructure, irrigation, water resource management and sanitation, social infrastructure, digital infrastructure and COVID-19 emergency assistance. The Bank mainly provides technical assistance for projects and engages in information, cultural and personnel exchanges with the purpose of contributing to the achievement of environmental and social sustainability.
Country of Incorporation
China
Incorporation Date
2014-01-01
Business Sector
Government Activity
Company Address
No. 1600, Guozhan Road, Pudong New District
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